MasterICO (OP)
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August 18, 2018, 05:27:10 AM |
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Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?
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masterrex
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August 18, 2018, 05:52:07 AM |
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Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?
Maybe that's because the team is afraid of dumping by "Weak Hands" Bounty Hunters but is it rightfully acceptable?? just remember that not all Bounty Participants are dumpers and the number of tokens paid to the bounty people is just a small fraction of the circulating supply and how could that be affecting as a whole. lets say it will affect in short term but it wont last long because the Bounty people is just limited token supply while the Investors and the team has lots of them. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?
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AzureDragon
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August 18, 2018, 05:52:18 AM |
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Compared with last year, the number of participants in the bounty campaigns has significantly increased. In addition, the overall cryptomarket growth has stopped. And those projects that looked promising at the time of their inception in November-December 2017, at the moment are experiencing serious difficulties due to the fall in the rate.
Therefore, developers and project marketers try to stretch their payments to somehow make a profit. We can only accept this fact.
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WalkerIVIV
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August 18, 2018, 06:05:17 AM |
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Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?
That depends on the ico team itself. you have no right to do anything. as far as i know you have agreed with all of disclaimer before try to join in the bounty campaign and then the team has the right to do anything but they must follow their rules. It will better to create an alternative payment system through use major crypto like bitcoin and ethereum.
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Yudhisthir
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August 18, 2018, 06:14:15 AM |
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They might too want to release their coin on an increasing market. Releasing bounty coin now would lead to trade of below the ICO price and overall price of the coin would diminish. With dex everywhere, bounty tokens are traded even before an official listing. So, they might be holding to officially list and trade before releasing.
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dhiraj0977
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August 18, 2018, 06:23:41 AM |
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True, it is very irritating, first we get bounties very quickly within 1-2 months if we get any, but now these days, waiting for 6 months, irritated of long campaigning duration for ICOs.
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Siberian_Temper
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August 18, 2018, 06:27:20 AM |
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Often faced with the fact that payments were delayed due to the overload of the etherium network. Therefore, instead of 2-3 weeks, payments were made in a month or a month and a half. Recently, since the market is at the bottom, many campaigns do not reach the soft cap and close. And of course no one is immune from the scam. So a lot of work goes to waste ..
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royalcrypt
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August 18, 2018, 06:33:33 AM |
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The thing is that these days it is getting harder to even reach softcap for any ICO as most of the investors are being very careful now because of many recent big scams and also due to current uncertain market conditions. That's why they have to extend the token sale upto 2-4 months and bounty payments follow after that.
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Lan75
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August 18, 2018, 06:53:03 AM |
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While it is true that some of the bounties are being paid 6 months or longer, it is not applicable to all. There are some bounty platforms like Bountyhive that pay their hunters almost right after the campaign has ended. For some ICOs, i think they intentionally delayed the distribution of bounty to prevent dumping of the tokens.
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mahilchii
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August 18, 2018, 06:56:30 AM |
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Yep. There are more projects which have extended their ICO's or delayed the bounty distribution almost 6 months as you said. The reason behind is that the market condition is still not stabilized and when the coins released in exchanges then their price will be less than their ICO price is the main reason I believe. Apart from that there is no specific reason I think.
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CryptoBry
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August 18, 2018, 07:11:49 AM |
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Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?
Maybe that's because the team is afraid of dumping by "Weak Hands" Bounty Hunters but is it rightfully acceptable?? just remember that not all Bounty Participants are dumpers and the number of tokens paid to the bounty people is just a small fraction of the circulating supply and how could that be affecting as a whole. lets say it will affect in short term but it wont last long because the Bounty people is just limited token supply while the Investors and the team has lots of them. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? This can be the real reason why ICO projects deliberately delay paying bounty hunters of their share of tokens or coins...they are afraid that once the tokens are paid then bounty hunters will immediately sell them in exchanges thereby influencing the value of the asset downward -- and in fact this is the scenario with many ICO projects. However, in my view, even if all bounty hunters will be dumping their share if the project has a good demand and is really good then ultimately the market will be recognizing its worth. In my view, though the concern can be legitimate, we should also recognize the fact that hunters have the right to do whatever they want with their owned assets. Otherwise, if this can be the case, the best thing to do is to announced it right from the start that the release will be done months way from the end of the ICO so there will be no surprises and no complaints. I am suggesting a schedule slow way of release then...
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Anita1873
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August 18, 2018, 07:17:18 AM |
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I think that the main reason for this is the current market conditions. There have been big scams in the coming days and there has been uncertainty in the market for quite a long time, due to which most investors are scared and they are very careful. For this reason, tokens sale is taking a lot of time now and they are unable to distribute the rewards on time.
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Pamela1966
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August 18, 2018, 07:26:18 AM |
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First and foremost I will like to point out the fact that bounty team or manager set rules for bounties in which participants must accept hence you're binding by the rules and they retain the power to change the rules at any time so the choice is for bounty hunters to join or not, most bounty has stated clearly they'll be paying bounty a month or more after ICO
Let's consider some of the reasons why bounty payments are delayed, firstly bounty payments is delayed because of the belief that they dump their tokens immediately even before official listing of the project hence selling below ICO price which is not good for the improvement of the project. Secondly some ICOs are afraid of the current market situation which is bearish and they are not willing to risk listing and when they are not ready to list they will not release tokens or possibly lock it , a good example is savedroid which keep giving the market situation as excuse before they finally got listed this month August 10th. And lastly I suspect some bounty team have the intention of scamming bounty participants so it takes forever for bounty hunters to get their rewards.
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iAMawi123
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August 18, 2018, 08:55:57 AM |
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Well, different managers and projects result to different dates of reward payments. Also, the projects are scared of bounty hunters dumping their coins and losing the project's initial price value.
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mmacool
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August 18, 2018, 12:47:20 PM |
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What a difference in a month or 6 months will come reparations. It's just that the bounty hunters are pouring out and the rate is dropping heavily and this is not paid quickly. In general, it would be correct to distribute the first 100 participants in 3 weeks, after 5 weeks 100-200 and so on. And the bounty hunters would not ruin the course.
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vladaziya4
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August 18, 2018, 07:36:25 PM |
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The risks are all alone, either a gain or a loss, we always need to take this into account. If you study Altcoin, you can raise money on it, but also lose it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) My opinion: It will increase, only time is needed. Time is always above all, especially in any business, not immediately will be a huge profit, you need to wait, then wait. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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bttmember
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August 18, 2018, 07:40:05 PM |
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Yeah i think intentionally delaying the reward for the work that bounty promoters have performed in not understandable, i highly regard it as unethical and criminal negligence as it is global law to send the earned reward for work as soon as possible after receiving the work or completion of task, so delaying that for months is highly condemnable.
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owlman
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August 18, 2018, 07:54:41 PM |
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Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?
You are right, at the moment, projects are significantly delaying the distribution of tokens to bounty campaign participants. I believe that this is due to the poor market situation and they are afraid that their tokens will be significantly lower than the price of ICO if they distribute the tokens and they will go to the stock exchange.
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Autocarnet
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August 18, 2018, 08:02:20 PM |
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I believe that this is due to the fall of the market and projects are reinsured without paying immediately remuneration.
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Zadicar
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August 18, 2018, 08:09:47 PM |
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Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?
Most projects is already aware on such possible dump of bounty tokens once it was being distributed to the participants.This is why they do adjust it but without even knowing that investors are the main dumpers but as a bounty hunter you cant do anything but to wait up on when they would give out those tokens and I agree that its entirely different wayback before in previous years when it comes to distribution.
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